L T Foods Ltd - IPO

L T Foods Ltd IPO Details

Public issue of 70,35,714 equity shares of Rs. 10 each for cash at a price of Rs.56/- per equity share aggregating Rs.39.40 Crores (the issue) by L.T. Overseas Limited (LTOL or the company or the issuer). The issue comprises of reservation of 3,90,000 equity shares aggregating Rs.2.18 Crores for permanent employees (employee reservation portion) on a competitive basis and the net issue to public of 66,45,714 equity shares aggregating Rs.37.22 Crores. The issue would constitute 29.84% of the fully diluted post-issue paid up capital of the company.Issue Price Rs.56/- per equity share of face value of Rs. 10 each.The issue Price is 5.6 times the face value.

Objective of issue

To set-up new Parboiled Rice Proc. & Milling Cap.. To set-up new milling line for prod.value add Rice. To Add Bal. Equipments&Automation of Existing Faci. To Set up Silos and Flat Storage Facility. Generating Power for Captive Consumption. General Corporate Purpose.

L T Foods Ltd Contact Details

L T Foods Ltd, E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

Phone - 91-22-40430200

Fax - 91-22-28475207

Email - ir@ltgroup.in

Website - www.ltgroup.in